The Verkhovna Rada ratified the Memorandum with the EU on the Ukraine Support Loan, which defined the conditions for providing budget support under the macro-financial assistance program in 2026. The conditions for receiving the first tranche have mostly been met, the subsequent tranches involve the adoption of more complex decisions.

The Verkhovna Rada has adopted another of the four laws necessary to receive $3.35 billion in funds from the World Bank. This is the draft law on public procurement, which also corresponds to indicator No. 8.6 of Ukraine Plan with a deadline of implementation in the third quarter of 2027.

Ukraine has not made progress in implementing the IMF’s structural benchmarks, although the mission has already begun the first review of the Program. Therefore, there will either be delays in the review or postponement of the deadlines for implementing tax changes.

Ukraine still has a long way to go in meeting many indicators under the Ukraine Plan. There are high risks that Ukraine will not meet all indicators of the Ukraine Plan in Q2 2026.

The recording of the discussion is available at the link: https://youtu.be/XymqVtgrG0A?si=KYXmu5JgubZXVK29